Problem
A. Introduction:
a. Create a name for the business (The business cannot be related to your culture (as that would be too easy). Select something different and unique.
b. Design a logo for the business
c. Tell me as much as you can about your business
d. Who are your competitors? Why is your business different?
B. a Risk Management plan by identifying 5 major risks that need to be managed daily with this new business. For each risk answer the following questions:
a. Why is this a risk?
b. What type of risk is it?
c. What is the likelihood of the risk happening?
d. What strategy does the company use to manage the risk?
C. Outline the legal requirements that need to be considered when running a business of this type?
D. State this business's positive and negative impacts on society, including your business's Corporate Social Responsibilities?
E. Be sure to consider and include all licensing requirements and any compliance requirements for your business and what your policies/procedures will do to prevent liability.